HEHOLIM: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HEHOLIM
Largest movements
- Receivables within one year +€2,581
new in 2025: €2,581
- Cash -€2,500
down €2,500 (-17.5%), from €14,295 to €11,795
mainly Other debts (-€38,852) and Debts after one year (-€11,052)
- Profit (loss) carried forward +€48,141
up €48,141 (+60.2%), from -€79,957 to -€31,817
- Other debts -€38,852
down €38,852 (-74.9%), from €51,896 to €13,044
- Debts after one year -€11,052
no longer reported in 2025 (was €11,052)
- Tax, wage and social debts +€2,065
up €2,065 (+16.9%), from €12,255 to €14,321
- Trade debts -€221
down €221 (-49.2%), from €450 to €228
- Gross operating margin +€14,082
up €14,082 (+39.0%), from €36,088 to €50,170
- Financial charges -€1,166
down €1,166 (-45.7%), from €2,550 to €1,384
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,295 | €14,376 | +€81 | +0.6% |
| Current assets | 29/58 | €14,295 | €14,376 | +€81 | +0.6% |
| Amounts receivable within one year | 40/41 | - | €2,581 | +€2,581 | |
| Other amounts receivable | 41 | - | €2,581 | +€2,581 | |
| Cash at bank and in hand | 54/58 | €14,295 | €11,795 | -€2,500 | -17.5% |
| Total equity and liabilities | 10/49 | €14,295 | €14,376 | +€81 | +0.6% |
| Equity | 10/15 | -€61,357 | -€13,217 | +€48,141 | +78.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,957 | -€31,817 | +€48,141 | +60.2% |
| Amounts payable | 17/49 | €75,653 | €27,593 | -€48,060 | -63.5% |
| Amounts payable after more than one year | 17 | €11,052 | - | -€11,052 | |
| Other amounts payable | 178/9 | €11,052 | - | -€11,052 | |
| Amounts payable within one year | 42/48 | €64,601 | €27,593 | -€37,008 | -57.3% |
| Trade debts | 44 | €450 | €228 | -€221 | -49.2% |
| Suppliers | 440/4 | €450 | €228 | -€221 | -49.2% |
| Taxes, remuneration and social security | 45 | €12,255 | €14,321 | +€2,065 | +16.9% |
| Taxes | 450/3 | €12,255 | €14,321 | +€2,065 | +16.9% |
| Other amounts payable | 47/48 | €51,896 | €13,044 | -€38,852 | -74.9% |
| Other operating charges | 640/8 | €568 | €644 | +€76 | +13.4% |
| Gross operating margin | 9900 | €36,088 | €50,170 | +€14,082 | +39.0% |
| Operating profit (loss) | 9901 | €35,520 | €49,525 | +€14,006 | +39.4% |
| Financial charges | 65/66B | €2,550 | €1,384 | -€1,166 | -45.7% |
| Recurring financial charges | 65 | €2,550 | €1,384 | -€1,166 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €32,969 | €48,141 | +€15,171 | +46.0% |
| Profit (loss) for the period | 9904 | €32,969 | €48,141 | +€15,171 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,969 | €48,141 | +€15,171 | +46.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.